Twitter Updates

May 2014

05/07/2014

Retirement confidence seems to have improved from record lows over the past five years, according to the 24th Annual Retirement Confidence Survey (RCS) cosponsored by the Employee Benefit Research Institute (EBRI) and Greenwald & Associates. In early 2014, 18% of American workers said they were "very confident" they will have enough money to retire comfortably, compared to just 13% last year; 37% are "somewhat confident." A closer look at the trends indicates that the rise came largely from higher income households ($75,000 and up) and those who had money in retirement plans, including work-sponsored plans and individual retirement accounts (IRAs).

05/06/2014

According to a survey released last month by America Saves and the American Savings Education Council (ASEC), just 35% of Americans feel they are making good or excellent progress in saving money. Nearly two-thirds (63%) say they're making fair or no progress.